EsqSocial

The past two weeks have been relatively quiet, with stablecoins being the most prominent focus on the regulatory front. Stablecoin legislation now appears likely this year, with a bill to regulate stablecoins advancing out of the key House Financial Services Committee — a step toward what would be the first crypto-specific federal legislation enacted in the United States. The SEC also issued guidance clarifying that certain “covered stablecoins” are not securities under existing law....
By: Polsinelli